June 2010

June 2010: The Power of Analytics and Performance Management

The power of analytics at the IBM CIO Leadership Exchange
by James Taylor

James recently spoke at the IBM CIO Leadership Exchange conference and wrote a short piece about it for Smart Data Collective.

“With 300+ of IBM's top CIO customers this was a great event and it is clear that CIOs the world over are keen to adopt business analytics. They recognize, I believe, that they are the custodians of all this data and that business analytics offers the potential to turn the cost of storing and managing this data into a value for the company. “

We welcome you to review the video…
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BI 2010 – BI and Performance Management
http://jtonedm.com/2010/02/23/bi-2010-bi-and-perfo...
by James Taylor

Continuing at BI 2010, Jon Hill spoke on the combination of BI and Performance Management. Jon reiterated the constantly changing environment and the tendency of companies to spend large amounts of money on data infrastructure without thinking through the way this investment will make a difference. In one extreme example he had seen one company spend $30M on a BI system that had just 8 users! It is not enough, he says and I agree, to formulate a strategy, you must also execute it. Performance Management systems should focus on providing the information environment that will allow you to monitor and manage this process. He had some great survey results:
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Strategies for Creating a High-Performance BI Team
by Wayne W. Eckerson

A key element in the success of any business intelligence (BI) program lies in the team you create to deliver solutions and the clout it has within the organization to secure resources and get things done. Although there is no right or wrong way to organize a BI team, there are some key principles that are worth knowing. The following the seven guidelines can help you create a high-performance BI team that delivers outstanding value to your organization.
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